On April 4, 2024, Valeo announced the placement of 850 million euros worth of new green bonds maturing April 11, 2030.

This issue raised 850 million euros in bonds maturing in 6 years with a coupon of 4,50%. BNP Paribas, Crédit Agricole CIB, Citibank, Mizuho and Natixis acted as Joint Active Bookrunners. The net proceeds of the transaction will be used for financing projects and investments linked to the portfolio of technologies that contribute to low-carbon mobility, in particular vehicle electrification. 

Marelli, a leading mobility technology supplier to the automotive sector, will showcase its latest innovations at the Beijing International Automotive Exhibition, in booth W1-W01 of the temporary hall, in Beijing, China, April 25 – May 4, 2024. The company will offer an invitation-only, curated experience that will introduce guests to Marelli’s approach to Design-Led Innovation. Marelli will showcase its latest technologies, with a particular focus on China market, where the company has a long-standing presence.

It’s commonly thought that the most abundant element in the universe, hydrogen, exists mainly alongside other elements — with oxygen in water, for example, and with carbon in methane. But naturally occurring underground pockets of pure hydrogen are punching holes in that notion — and generating attention as a potentially unlimited source of carbon-free power.
 

Contemporary Amperex Technology Co, the world's largest EV battery maker, debuted on Tuesday what it claimed to be the world's first energy storage system with "ageless battery" over a period of five years.

The move marks a step forward in terms of longevity and scalability of energy storage and intensifies the competition in the sector.

The system, called Tianheng, is capable of mass production with zero attenuation in the first five years.